The president of the National Statistics Institute noted that the increase did not represent a major impact as the minimum wage in December stood at USD 698.60

The president of the National Statistics Institute remarked that the increase did not represent a major impact on households as the legal minimum legal income (including both minimum wage plus food benefits) stood at USD 698.60 by December 2012," a press release states.

Dossier

As Venezuelan deposits of public funds in Swiss bank accounts have been revealed, opposition Deputy Andrés Velásquez wonders whatever happened to the USD 500 million worth of CVG funds that turned up in coded bank accounts in Lebanon five years ago.